Particle.news

Download on the App Store

BNB Sets Fresh Record Above $900 as BinanceFranklin Templeton Deal Lifts Momentum

A new tokenization tie-up with Franklin Templeton is drawing fresh institutional interest.

Overview

  • BNB notched a new intraday peak near $908 this week and is holding around the $900 area after a brief pullback.
  • Binance announced a collaboration with Franklin Templeton to build institutional-grade tokenization products using the asset manager’s compliance expertise and Binance’s trading infrastructure.
  • U.S. producer inflation printed 2.6% versus 3.3% expected, boosting risk appetite and aligning with gains across major cryptocurrencies.
  • Trading data showed spot turnover around $1.8 billion, futures open interest near $1.65 billion and net short liquidations that likely amplified the move.
  • Technical commentary highlights upside targets around $1,000 to $1,100 if momentum persists, with traders watching support in the high-$800s.